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Director Of FEDA Asserts That The Dominican Republic Holds Significant Appeal For Investment Purposes

Director of FEDA asserts that the Dominican Republic holds significant appeal for investment purposes

Director of FEDA asserts that the Dominican Republic holds significant appeal for investment purposes


Santo Domingo.- The director of the Special Agricultural Development Fund (FEDA), Hecmilio Galván, highlighted the attractiveness of the Dominican Republic as an investment destination during the International Dominican Chocolate Fair in Belgium. Galván spoke about investment opportunities in Dominican agriculture and emphasized the country’s strategic location in the heart of the Caribbean.

He noted that the Dominican Republic has established a legal and regulatory framework that protects property rights and offers attractive tax incentives to encourage foreign investment.

At the fair, organized by FEDA and the Dominican Consulate in Antwerp, Belgium, Galván also praised the quality of artisanal chocolate produced by small businesses, particularly those run by women, as well as chocolate manufactured by larger companies in the country.

Several Dominican chocolate manufacturers participated in the exhibition, including Chocolatera la Norteña, Chocolala, Conacado Agroindustrial, Choco Cibao, among others.

Galván highlighted that the Dominican Republic is a world leader in organic cocoa exports, mainly to European countries.

He highlighted that agribusiness in the Dominican Republic is a vital sector with the potential to generate significant investment returns. In addition to cocoa, the country has a diverse range of agricultural products, including coffee, bananas, tobacco and vegetables, which offer expansion and export opportunities.

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